As China is becoming one of the fastest growing air filtration markets in the world, MANN+HUMMEL expands its air filtration business and plans to acquire a majority stake in Suzhou U-Air Environmental Technology (“U-Air”). The Chinese filtration manufacturer, which is part of Zisun Technology Co., Ltd (SSE: 603601), provides high-quality air filtration products. The acquisition further strengthens MANN+HUMMEL’s presence in China and Southeast Asia, and will also serve customers globally.
